Storage Fees

Storage fees

VAT Free storage fees are charged at 0.65% + VAT per annum of the Annual Insurance Value of your total metal holding. There is a minimum charge equivalent to £10 per month. Charges are billed monthly in arrears.

Standard storage fees

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Average Insurance Value of Holding
*

Monthly Fee (incl. VAT)

£15,385 and below

£10.00

£25,000

£16.25

£50,000

£32.50

£100,000

£65.00

Over £100,000

Please contact us on 0121 369 3000 for rates

*
Average Insurance Value of holding is calculated based on the pure precious metal weight of your holding multiplied by the average London Bullion Market Association (LBMA) PM Fix. This is then uplifted by the percentage premium you originally paid for your specific products at Gold.co.uk.

If you hold bullion in both the Loomis and Brink's vault you will only ever be charged one storage fee based on the combined value of your goods across both vaults.

You can add to your holdings at any time and will only be charged one fee based on the total value of your holdings.You can request delivery of sell back part or all of your holdings by contacting us on 0121 369 3000.

Request delivery of your silver

Request delivery of part or all of your silver bullion by contacting us. Shipping will be charged at 3% of the value of the silver plus an additional 0.25% + VAT for
insurance.

Standard shipping will take up to 5 working days and is limited to £50,000 per parcel. For larger value orders these times scales may be extended and your silver will be delivered in multiple parcels or by special arrangement via a high-security vehicle. All deliveries are fully insured. Simply call 0121 634 8060 during office hours to request delivery and we will make arrangements. Delivery is only available to your UK linked account address.

VAT charge upon delivery

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When you request to have your silver delivered VAT will become payable. We will arrange and collect the VAT prior to shipping your silver. For further information on how the VAT will be calculated please refer to the VAT Free FAQ's section for further details.

Sell your silver back to us

When you sell your silver back to us extraction from the vault is free

Payments are made by bank transfer into your linked account. Same day chaps payment is charged at £30. See the table below or contact us 0121 369 3000 during office hours for our current buying prices.

Product

Sell rate

VAT Free 1oz Silver Britannia

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VAT Free 1 Kilo Silver Bar

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All of the fees and charges published on our website are for indication purposes only. For the most up-to-date rates and fees, please contact our customer service team on
0121 369 3000 or email us on
[email protected]
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Precious metal prices can be volatile and the value of your metal may go down as well as up. No responsibility can be accepted by Jewellery Quarter Bullion Limited for any loss caused by acting on information we have provided. We do not offer investment or tax advice and recommend that you conduct your own independent research before making any investment decisions.

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